The Central Bank of Nigeria will take delivery of new naira notes before the end of September for circulation, the Deputy Director, Operations, Dr Tunde Lemo, has said. The regulator had earlier said that new naira notes would be in circulation by June, and that the smaller denomination notes (N5, N10, N20, and […]
Tag: N10
CBN to Change N5, N10, N20 & N50 to Paper Notes
By Our Correspondent Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has concluded plans to replace the polymer notes of N5.00, N10.00, N20.00 and N50.00 to paper notes reports our Correspondent monitoring the International Monetary Fund (IMF) and World Bank Spring Meeting in Washinghtion, United States. Tunde Lemo, Deputy Governor, Operations […]
CBN to introduce N5,000 note, reduce N5, N10 and N20 notes to coins
The Central Bank of Nigeria said on Thursday that it would introduce a single N5,000 note and reduce existing N5, N10 and N20 notes to coins by early 2013. CBN Governor, Lamido Sanusi, who made this known at a news conference in Abuja, said the notes and coins were being […]
